Building Details

Year Built 1963

Stories 2

Listing Agency: RE/MAX Select Show Phone

Listed By: Jennifer Salini · License #135367 Show Phone

Source: Cdanjoyner

Added: Aug 11, 2025 Changed: Oct 4 Last Checked: Oct 5 at 4:53PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Select

Investment Insights

Based on property information with market context.

This well-established restaurant is located in the heart of Etowah, offering prime visibility from Brevard Road and featuring 225 ft of road frontage. The turnkey property is sold with all restaurant furnishings and appliances, making it ready for immediate operation. The spacious main level includes a welcoming dining area and a fully equipped kitchen. Ample parking is available for guests. The lower level presents excellent potential for additional rental income, enhancing its investment appeal. The property size is 4350 square feet. This high-visibility property is located in a growing area and offers endless possibilities.

Key Highlights

• Turnkey restaurant with all furnishings and appliances included for immediate operation.
• Prime location in the heart of Etowah with high visibility from Brevard Road and 225 ft of road frontage.
• Excellent potential for additional rental income from the lower level.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$57,609

Cap Rate

7.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,152,180 $1.2M

Cap Rate 7%

$822,986 $823.0K

Cap Rate 9%

$640,100 $640.1K

Market Conditions

NOI Build-Up for 4,350 SF

Gross rent

$78.3K $18.00/SF

− Vacancy

−$1.5K −$0.34/SF

EGI

$76.8K $17.66/SF

− OpEx

−$19.2K −$4.41/SF

NOI

$57.6K $13.24/SF

Area

Henderson County, NC

Vacancy

1.90%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,152,180

Cap Rate 7%

$822,986

Cap Rate 9%

$640,100

Alternative Uses

Best Use

Specialty Retail

$823.0K

$720.1K – $960.2K (±1% cap)

NOI $57,609 @ 7.0% cap · market cap 7.26%

Second Best

Retail

$768.1K

$672.1K – $896.2K (±1% cap)

NOI $53,769 @ 7.0% cap · market cap 6.77%

Theoretical Best

Office A

$1.45M

$1.27M – $1.69M (±1% cap)

NOI $101,477 @ 7.0% cap · market cap 12.78%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Dutch Cupboard Restaurant

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

149

Businesses Nearby

32k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 63% Shops & Services 30% Dining 7%

Ingles Groceries

20,374 visits/mo 0.2 miles

Dollar General Shops & Services

4,881 visits/mo 0.3 miles

Citgo Shops & Services

2,780 visits/mo 0.2 miles

Domino's Pizza Dining

2,403 visits/mo 0.1 miles

United Community Bank Shops & Services

1,953 visits/mo 0.3 miles

Demographics for 28729, NC

2,923

Population

1,544

Households

1.9

Avg Household Size

55

Median Age

30%

College-Educated

96%

High-School Grad

4.2 sq mi

ZIP Area

696

Density / Sq Mi

$81,326

Median Household Income

$29,583

Median Earnings

$1,654

Median Rent

$305,600

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this restaurants located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Restaurant & Event Center For Sale

470 Brickyard Road, Etowah, NC 28792

$2,350,000

6,000 SF

View details

Self-Storage Facility with Industrial Bays

130 Oakland Hill Drive, Etowah, NC 28729

$599,000

0.70 Acres

View details

Etowah Valley Golf Club

450 Brickyard Road, Etowah, NC 28729

$5,900,000

View details

Frequently Asked Questions

What type of property is this?

Restaurant - Well-established restaurant with high visibility and rental income potential.

Where is this restaurant located?

The property is located at 6500 Brevard Road Etowah, NC.

What is the asking price?

The asking price for this property is $794,000.

What are key features of this property?

This property features: Turnkey restaurant with all furnishings and appliances included for immediate operation.; Prime location in the heart of Etowah with high visibility from Brevard Road and 225 ft of road frontage.; Excellent potential for additional rental income from the lower level.